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G. Issuance of any Recovery Zone Facility Bonds or Recovery Zone <br />Economic Development Bonds shall require further approval of this City <br />Council. <br />H. Being fully informed and after consideration of all relevant factors, the city <br />council further finds, declares and determines that the area within the <br />geographical limits of the City of Santa Ana reasonably meets the criteria <br />of the Recovery Act for designation as a Recovery Zone. <br />Section 2. The City Council hereby designates the area within the corporate <br />limits of the City of Santa Ana as a Recovery Zone for purposes of the Recovery Act. <br />Section 3. This Resolution shall take effect immediately upon its adoption by <br />the City Council, and the Clerk of the Council shall attest to and certify the vote adopting <br />this Resolution. <br />ADOPTED this day of , 2009. <br />Miguel A. Pulido <br />Mayor <br />APPROVED AS TO FORM: <br />Joseph W. Fletcher, City Attorney <br />By: <br />Benjamin Kaufman <br />Chief Assistant City Attorney <br />AYES: Councilmembers <br />NOES: Councilmembers <br />ABSTAIN: Councilmembers <br />NOT PRESENT: Councilmembers <br />Resolution No. 2009-XXX <br />Page 2 of 3 <br />55A-4 <br />